[Code of Federal Regulations]
[Title 38, Volume 2]
[Revised as of July 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 38CFR61.16]

[Page 936]
 
            TITLE 38--PENSIONS, BONUSES, AND VETERANS' RELIEF
 
          CHAPTER I--DEPARTMENT OF VETERANS AFFAIRS (CONTINUED)
 
PART 61--VA HOMELESS PROVIDERS GRANT AND PER DIEM PROGRAM--Table of Contents
 
Sec. 61.16  Matching funds for capital grants.

    The amount of a capital grant may not exceed 65 percent of the total 
cost of the project for which the capital grant was awarded. The 
recipient must, from sources other than grant funds received under this 
part, match the funds provided by VA to cover the percentage of the 
total cost of the project not funded by the capital grant. This matching 
share shall constitute at least 35 percent of the total cost. If the 
project is for supportive housing, or a service center that would be 
used for purposes under this part and for other purposes, a capital 
grant may be awarded only in proportion to the use under this part. 
Capital grants may include application costs, including site surveys, 
architectural, and engineering fees, but may not include relocation 
costs.

(Authority: 38 U.S.C. 501, 2002, 2011, 2012, 2061, 2064, 7721 note)